Dow, Nasdaq open strong

MichaelBaron

NEW YORK (CBS.MW) -- The major U.S. equity indexes rallied early Friday on the strength of a better than anticipated jobs report for May and Intel's higher revenue outlook for the second quarter. The Dow Jones Industrial Average
DJIA, +1.38%
added about 62 points, or 0.6 percent, to 10,258, while the Nasdaq Composite
compq
gained roughly 22 points, or 1.1 percent, to 1,983. Intel was the biggest gainer in the Dow, rising more than 3 percent. Breadth among the blue chips was soundly positive with winners overwhelming losers, 28 to 2. The lone exceptions were J&J
JNJ, +1.24%
and Exxon Mobil
XOM, +1.19%

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